Skip to content

CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Lib Dems offer alternative to backing Corbyn anti-Brexit government

The leader of the Liberal Democrats has proposed alternative candidates for an emergency UK government rather than supporting Jeremy Corbyn as interim PM under a unity government aimed at blocking a no-deal Brexit.

Jeremy Corbyn Source: Bloomberg

The leader of the Liberal Democrats Jo Swinson has said that former Labour deputy leader Harriet Harman and Father of the House, Conservative MP Ken Clarke have expressed willingness to lead an emergency government to avert a no-deal Brexit.

The Lib Dems reluctance to get behind a Corbyn led unity government in favour of a rival plan led by two senior lawmakers comes as SNP, Plaid Cymru and the Green Party all have pledged to back the Labour leader to avoid bailing out of the bloc without a deal.

Threat of no-deal Brexit intensifies

With Boris Johnson in Downing Street the prospect of Britain leaving the EU without a deal is more likely, with the prime minister regularly reiterating that the UK will leave on October 31 with or without a withdrawal agreement in place.

To avoid a disorderly exit from the EU, Corbyn wants anti-Brexit lawmakers to seize control of parliament via a no-confidence vote and the creation of a caretaker government with him at the helm as an interim prime minister. But Swinson’s Liberal Democrats do not want Corbyn at the helm of an emergency government.

Jeremy Corbyn should not lead, says Jo Swinson

Speaking to onlookers at a Stop Brexit event, Swinson said that there is no certainty that [Corbyn] can unite rebel Conservatives, independents or even Labour MPs to stop Boris Johnson.

Instead, she argues that the emergency government would benefit from Harmen and Clarke’s leadership with both MPs commanding respect on both sides of the aisle and boasting immense experience as lawmakers.

‘They put public duty first and they don’t want to see a no-deal Brexit,’ Swinson told BBC Radio on Friday. ‘If the House of Commons asks them to lead an emergency government to get our country out of this Brexit mess and to stop us driving off that cliff to a no deal, then yes they are prepared to do that.’


This information has been prepared by IG, a trading name of IG Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.
CFDs are a leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your initial deposit, so please ensure that you fully understand the risks involved.

Be ready to act on ECB opportunities

Learn how the ECB’s monetary policy announcements affect interest rates and price stability ahead of its next meeting in 22 April 2021.

  • How might the next meeting affect the markets?
  • What are the key rate decisions to watch?
  • Why is the Governing Council announcement important for traders?

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Friday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.